Hi,
Bit of a newbie question here.
I am an Irish Resident working in the UK (Northern Ireland). Colleagues who are resident in the UK use Cash and Stocks and Shares ISA which outside of a pension seem to be the most tax efficient way to save money for the future.
From what I can read Irish residents are at a disadvantage here as we cannot avail of an ISA or similar product, is there a particular reason why the Irish government has not introduced a similar scheme to the ISA?
Given the future and possible current state funding issues, would this not encourage Irish people to focus more on saving?
Bit of a newbie question here.
I am an Irish Resident working in the UK (Northern Ireland). Colleagues who are resident in the UK use Cash and Stocks and Shares ISA which outside of a pension seem to be the most tax efficient way to save money for the future.
From what I can read Irish residents are at a disadvantage here as we cannot avail of an ISA or similar product, is there a particular reason why the Irish government has not introduced a similar scheme to the ISA?
Given the future and possible current state funding issues, would this not encourage Irish people to focus more on saving?